HARUN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HARUN
Largest movements
- Receivables within one year +€256,030
up €256,030 (+22.5%), from €1.1m to €1.4m
of which Other amounts receivable: +€394,618
- Cash -€215,162
down €215,162 (-29.0%), from €742,760 to €527,598
mainly Receivables within one year (-€256,030) and Deferred charges and accrued income (-€133,333)
- Deferred charges and accrued income +€133,333
new in 2025: €133,333
- Financial fixed assets +€30,000
up €30,000 (+1463.4%), from €2,050 to €32,050
- Profit (loss) carried forward +€368,548
up €368,548 (+22.4%), from €1.6m to €2.0m
- Debts after one year -€58,027
down €58,027 (-32.8%), from €177,146 to €119,119
- Tax, wage and social debts -€46,006
down €46,006 (-51.4%), from €89,424 to €43,418
of which Taxes: -€39,040
- Trade debts -€29,472
down €29,472 (-24.5%), from €120,366 to €90,894
- Turnover -€5.1m
no longer reported in 2025 (was €5.1m)
- Purchases and services -€4.3m
no longer reported in 2025 (was €4.3m)
- Taxes -€71,031
down €71,031 (-42.3%), from €167,777 to €96,746
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,051,035 | €2,292,825 | +€241,790 | +11.8% |
| Fixed assets | 21/28 | €168,108 | €217,097 | +€48,989 | +29.1% |
| Tangible fixed assets | 22/27 | €166,058 | €185,047 | +€18,989 | +11.4% |
| Plant, machinery and equipment | 23 | €159,264 | €180,501 | +€21,236 | +13.3% |
| Furniture and vehicles | 24 | €6,794 | €4,547 | -€2,247 | -33.1% |
| Financial fixed assets | 28 | €2,050 | €32,050 | +€30,000 | +1463.4% |
| Current assets | 29/58 | €1,882,927 | €2,075,728 | +€192,801 | +10.2% |
| Stocks and contracts in progress | 3 | €1,538 | €20,138 | +€18,600 | +1209.4% |
| Stocks | 30/36 | €1,538 | €20,138 | +€18,600 | +1209.4% |
| Amounts receivable within one year | 40/41 | €1,138,629 | €1,394,659 | +€256,030 | +22.5% |
| Trade receivables | 40 | €201,846 | €63,258 | -€138,588 | -68.7% |
| Other amounts receivable | 41 | €936,783 | €1,331,401 | +€394,618 | +42.1% |
| Cash at bank and in hand | 54/58 | €742,760 | €527,598 | -€215,162 | -29.0% |
| Deferred charges and accrued income | 490/1 | - | €133,333 | +€133,333 | |
| Total equity and liabilities | 10/49 | €2,051,035 | €2,292,825 | +€241,790 | +11.8% |
| Equity | 10/15 | €1,658,186 | €2,032,834 | +€374,648 | +22.6% |
| Contributions | 10/11 | €12,500 | €18,600 | +€6,100 | +48.8% |
| Capital | 10 | €12,500 | €18,600 | +€6,100 | +48.8% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,100 | - | -€6,100 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,643,826 | €2,012,374 | +€368,548 | +22.4% |
| Amounts payable | 17/49 | €392,849 | €259,991 | -€132,858 | -33.8% |
| Amounts payable after more than one year | 17 | €177,146 | €119,119 | -€58,027 | -32.8% |
| Financial debts | 170/4 | €177,146 | €119,119 | -€58,027 | -32.8% |
| Amounts payable within one year | 42/48 | €215,703 | €140,872 | -€74,831 | -34.7% |
| Trade debts | 44 | €120,366 | €90,894 | -€29,472 | -24.5% |
| Suppliers | 440/4 | €120,366 | €90,894 | -€29,472 | -24.5% |
| Taxes, remuneration and social security | 45 | €89,424 | €43,418 | -€46,006 | -51.4% |
| Taxes | 450/3 | €56,648 | €17,608 | -€39,040 | -68.9% |
| Remuneration and social security | 454/9 | €32,776 | €25,810 | -€6,967 | -21.3% |
| Other amounts payable | 47/48 | €5,912 | €6,560 | +€647 | +11.0% |
| Turnover | 70 | €5,121,943 | - | -€5.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,262,854 | - | -€4.3m | |
| Remuneration, social security and pensions | 62 | €405,250 | €378,597 | -€26,654 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,033 | €44,251 | +€12,218 | +38.1% |
| Other operating charges | 640/8 | €3,471 | €11,516 | +€8,045 | +231.8% |
| Gross operating margin | 9900 | €859,089 | €876,763 | +€17,674 | +2.1% |
| Operating profit (loss) | 9901 | €418,334 | €442,399 | +€24,065 | +5.8% |
| Financial income | 75/76B | - | €31,344 | +€31,344 | |
| Recurring financial income | 75 | - | €31,344 | +€31,344 | |
| Financial charges | 65/66B | €15,425 | €8,448 | -€6,977 | -45.2% |
| Recurring financial charges | 65 | €15,425 | €8,448 | -€6,977 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €402,909 | €465,294 | +€62,385 | +15.5% |
| Income taxes | 67/77 | €167,777 | €96,746 | -€71,031 | -42.3% |
| Profit (loss) for the period | 9904 | €235,132 | €368,548 | +€133,416 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €235,132 | €368,548 | +€133,416 | +56.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.